Markets are trending down - But how far and for how long?

[pewe]

Originally Posted by KhalDrogo

Raw card collectors have it better than ever. Just buy a PSA 8 and crack it out. You pay less than raw and still get a very nice looking card.

People just like to complain.

I’m not sure how to explain it, but somehow this feels underhanded... akin to trimming or other “restoration”


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[LVDan]

Originally Posted by pewe

I’m not sure how to explain it, but somehow this feels underhanded...


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Only if you respect what they do and how they do it, which I don't.
Ill buy and crack, and sell raw without hesitation, guilt or moral conflict. 8s could be 10s tomorrow or if a guy gains prominence yesterday's gem is today's 8.
I don't care what the graders opinion is.

If you bought a card that was deemed "sun kissed diamond" or whatever by that Mike Baker quack would you feel obligated to keep it in the stupid holder in your collection?

[KhalDrogo]

Originally Posted by pewe

I’m not sure how to explain it, but somehow this feels underhanded... akin to trimming or other “restoration”


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How is cracking out a graded card akin to trimming?

[BBases31]

Originally Posted by SupermanBrandon

Sounds and feels like complaining at this point. We get it already. You dislike grading.

I'm surprised how few people have that guy blocked

[trendy26]

Originally Posted by cardsin47

Yes.... i was serious. READ it again

May want to lookup the word “Logic” in the dictionary..... Once again SMH

[pewe]

Originally Posted by KhalDrogo

How is cracking out a graded card akin to trimming?

If you force me to think about why my gut doesn’t like it...

Here is where my mind goes: what if I have to sell it at some point? Buyers of raw will generally assume (without obvious flaws) that the card is equal to a psa 9 for pricing. So I’d be taking advantage of them just like a trimmer.

Ok, I guess I can solve that (or at least try to clear my conscience) by being a boy scout and tell the buyer it was an 8...

...but that is really insufficient, because I can’t control them - they can be taking advantage of the arbitrage, and just resell it

So it is always on me... by cracking it, I can never sell it without guilt (or grading it again, so the slab is clear)


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[cardsin47]

Originally Posted by trendy26

May want to lookup the word “Logic” in the dictionary..... Once again SMH

IF a buyer of _________ Modern Card is considering a BGS 9.5 and a PSA 10 —- they are better off spending a bit more to get the PSA 10 ( their highest grade ) VS the BGS 9.5 ( their 3rd highest grade ) ——- because assuming they EVER want to sell, they will get more for the PSA 10 on the back end —— higher initial purchase price / higher end game selling price. When it comes time to sell, the highest TPG grade will trump the 3rd highest TPG other grade. Buyers want “the best” more than they want “the 3rd best”

This is undeniable LOGIC
We have already agreed that the Card in the slabs may be the same condition , but the money factor is not

LooK trendy — I know you’re smart / I can feel it! I’m just trying to elevate you to the next level —- so we see eye to eye

[pewe]

Originally Posted by cardsin47

IF a buyer of _________ Modern Card is considering a BGS 9.5 and a PSA 10 —- they are better off spending a bit more to get the PSA 10 ( their highest grade ) VS the BGS 9.5 ( their 3rd highest grade ) ——- because assuming they EVER want to sell, they will get more for the PSA 10 on the back end —— higher initial purchase price / higher end game selling price. When it comes time to sell, the highest TPG grade will trump the 3rd highest TPG other grade. Buyers want “the best” more than they want “the 3rd best”

This is undeniable LOGIC
We have already agreed that the Card in the slabs may be the same condition , but the money factor is not

Certainly it is card dependent... but let’s say you have these options today in a chrome card with high gem rate, and good raw availability, still.

BGS 10 (gold label) = $225
PSA 10 = $200
BGS 9.5 true gem = $125
BGS 9.5 min gem = $100
PSA 9 = $75
Raw = $50

And you need to sell in 1 year... the player has done well and prices on raw are up to $100 (100% appreciation)

What would be the % increase for all grades?

If the price for PSA 10 is high vs. history... does it have more risk of under appreciating vs. the other grades?


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[MoreToppsPlease]

Originally Posted by pewe

Certainly it is card dependent... but let’s say you have these options today in a chrome card with high gem rate, and good raw availability, still.

BGS 10 (gold label) = $225
PSA 10 = $200
BGS 9.5 true gem = $125
BGS 9.5 min gem = $100
PSA 9 = $75
Raw = $50

And you need to sell in 1 year... the player has done well and prices on raw are up to $100 (100% appreciation)

What would be the % increase for all grades?

If the price for PSA 10 is high vs. history... does it have more risk of under appreciating vs. the other grades?

Unfortunately since pop counts aren’t included this example isn’t helpful. It’s the same problem grading always has.

[MoreToppsPlease]

Originally Posted by SupermanBrandon

Sounds and feels like complaining at this point. We get it already. You dislike grading. And Im aware there's more than 5 people on BO that hate grading, but they don't talk about it every day, all day like those 5-7. If grading guys are sheep...whats that make raw dawg boys? Pigeons, Frogs, Dinosaurs? I think both should have names.

There’s nothing to “hate” or dislike about a card entombed in a slab. But that’s all grading is…a card in a slab.

But there’s no reason why people who hate grading shouldn’t be able to constructively express their views just like there’s no reason why people who love grading shouldn’t be able to constructively express theirs. As much as they like.

[pewe]

Originally Posted by MoreToppsPlease

Unfortunately since pop counts aren’t included this example isn’t helpful. It’s the same problem grading always has.

I said chrome with raw cards are still readily available and high gem rate (>60%)

Although not sure why pop count matters that much for this question

Let’s say this is a card w/ 800 psa graded with 500 in 10 and 8k total print run. Like a ‘19 Topps Chrome Refractor


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[ronzo]

Originally Posted by cardsin47

I don’t need to be saved. I use grading as a tool in my toolbox. I buy Uber high grade raw for my PC, and when and if I do sell, I grade to maximize my selling price. My point is, it doesn’t have to be all or nothing - you can miss opportunities with that rigidness

Not everyone is looking for opportunities. I collect and use the hobby as a way to relax.

[cardsin47]

Originally Posted by ronzo

Not everyone is looking for opportunities. I collect and use the hobby as a way to relax.

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[SupermanBrandon]

Originally Posted by ronzo

Not everyone is looking for opportunities. I collect and use the hobby as a way to relax.

Making money relaxes me. The entitlement in this thread is nauseating.

[BaseballKing]

Originally Posted by SupermanBrandon

Making money relaxes me. The entitlement in this thread is nauseating.

Lol.

Making money allows me to buy that which relaxes me.

[actionbryan]

I feel like sales on low end stuff out of collector products (flagship, heritage , etc) are pretty business as usual .

[ronzo]

Originally Posted by SupermanBrandon

Making money relaxes me. The entitlement in this thread is nauseating.

Your interpretation of other people's opinions is nauseating. Apparently anyone who has a different viewpoint than you shouldn't be allowed to post on BO?

[SupermanBrandon]

Originally Posted by ronzo

Your interpretation of other people's opinions is nauseating. Apparently anyone who has a different viewpoint than you shouldn't be allowed to post on BO?

Yeh...that's exactly what I'm saying.

[ThoseBackPages]

still losing auctions

[This is]

Hope market goes down further. Lets me buy stuff I can't afford rn.

[volblorx8634]

Originally Posted by SupermanBrandon

Making money relaxes me. The entitlement in this thread is nauseating.

How is his post entitled? The hypocrisy in your post is absurd.

He simply stated that he doesn't look for money making opportunities because he uses the hobby to relax and not for a monetary purpose. Why can't he have his own way to consume the hobby while you have yours? Making money doesn't have to relax him the way it does you.

[cardsin47]

Originally Posted by ThoseBackPages

still losing auctions

If you are the high bidder at the end, that will stop happening

[BRob1]

Originally Posted by pewe

If you force me to think about why my gut doesn’t like it...

Here is where my mind goes: what if I have to sell it at some point? Buyers of raw will generally assume (without obvious flaws) that the card is equal to a psa 9 for pricing. So I’d be taking advantage of them just like a trimmer.

Ok, I guess I can solve that (or at least try to clear my conscience) by being a boy scout and tell the buyer it was an 8...

...but that is really insufficient, because I can’t control them - they can be taking advantage of the arbitrage, and just resell it

So it is always on me... by cracking it, I can never sell it without guilt (or grading it again, so the slab is clear)


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I have always agreed with this. Most people crack low graded cards (say an ultra modern 8) because they think they will sell for more raw. Why will they sell for more raw? Because they are hoping the buyer won’t realize the card is an 8.

[rwperu34]

Originally Posted by thenightman

I don't disagree. You highlighted a major point; demand. Yeah, there will always be demand for Acuna, but there's just not going to be demand for the 10k Topps paper AJ Puk RC PSA 10's that will probably be out there.

I have no idea if this is true, the pop count for Puk, just using Puk as a catch-all.

Wait a minute. You mean a 25 year old with an ERA of 10+ in AAA doesn't have much demand? I'm shocked! (I say as I peruse all of the serial #'d AJ Puk cards I own).

[rwperu34]

Originally Posted by cardsin47

My answer is so long , will respond after I eat this yummy cheeseburger I’m grilling now

This is going to come off as unpopular based on the response, but thumbs down for putting a hamburger on your grill.